Home Prices A real estate agency says that the mean home sales price in Spring, Texas, is the same as in Austin, Texas. The mean home sales price for 25 homes in Spring is $127,414. Assume the...


Home Prices A real estate agency says that the mean home sales price in Spring, Texas, is the same as in Austin, Texas. The mean home sales price for 25 homes in Spring is $127,414. Assume the population standard deviation is $25,875. The mean home sales price for 25 homes in Austin is $112,301. Assume the population standard deviation is $27,110. At a = 0.01, is there enough evidence to reject the agency’s claim?




May 26, 2022
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